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GBPUSD: With GBP turning lower at its key resistance zone at 1.5450/7 today, there is risk of more weakness as long as that zone continues to hold. This development is coming on the back of our earlier warning of how significant that level will be...
Morgan Stanley made weekly forecast for EUR in fundamental/technical mixed way expecting bearish EUR: "We remain bearish on EUR over the medium term but see reason for some support in the near term. EURUSD continues to be inversely correlated with risk appetite...
Tom Aspray, a technical analyst and contributor to Forbes, used the chart below to demonstrate what some important lows in the market dating back to 2010 had in common, viz, - active bearish sentiment...
Australia's beleaguered Prime Minister Tony Abbott will face a second challenge to his position this year, with a ballot of government colleagues late Monday hours after a senior minister challenged him for his party leadership.Find out more by checking out the source link.http://www.usnews...
OPEC trimmed estimates for supplies from outside the group in 2016 as the U.S. shale-oil industry suffers...
United Overseas Bank estimated the nearest bullish target for EUR/USd as 1.1475 with 1.1250/55 as the bearish reversal level. "The break above 1.1255 late last week has shifted the outlook for EUR to bullish with a target of 1.1475...
Euro-area industrial production rose more than economists expected in July as output rose in three of the region’s four largest economies...
American Nobel Prize Laureate, Yale University economics professor, economist and best-selling author Robert Shiller is seriously worried about the stock market...
Barclays told to investors to sell NZD/CAD this week provided fundamental and technical analysis for this pair. Fundamental overview: "Given the risks around this week’s September Fed meeting, we prefer to look for relative value away from the USD...
Financial specialists in Bloomberg review anticipate QE extension by June. TLTRO evaluated at 70 billion euros in one week from now's putting forth...
M5 price is located near SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the following: 1.5470 as the resistance and 1.5432 as support level...
Mechanical yield climbed 6.1% in August, missing assessments. 3.5% land speculation addition was one-tenth the 2010 pace...
The Federal Reserve will convene its two-day Federal Open Market Committee beginning on Wednesday to take a decision on the monetary policy, with analysts divided on the outcome...
Daily price is on bullish market condition for secondary ranging between 1.1713 key resistance level and 1.0847 support level. The price is located above Ichimoku cloud by crossing 1.1294 resistance level from below to above for the bullish trend to be continuing...
This week, volatility in the markets will likely be higher than usual. There are three central bankers' meetings scheduled ahead, among them the long awaited Fed’s policy meeting. The Bank of Japan and Swiss National Bank are the other two to meet. In addition, the U.S...
Review says China turmoil won't move BOE from rate-climb way. One more MPC part may join McCafferty vote by year end...
Leading Wall Street companies such as including Visa, Nasdaq etc invested $30 million in Bitcoin startup from San Francisco. This startup (Chain Inc...
USDJPY: The pair took back some of its previous week losses at the end of the week leaving risk to the upside. However, with price failure seen ahead of its key overhead resistance zone at 121.73/63 zone, we may see USDJPY weaken in the new week. On the upside, resistance resides at the 121...
Whenever prices look menacingly closer to a free fall or a shoot up, i become aware of my greed and start to look for potential retracements. 1.101 was one such level where there was a potential reversal...
GOLD: The commodity continues to maintain its downside pressure as it weakened further the past week. However, a rejection candle print on Friday seen on the daily chart may present a platform to launch a recovery. On the downside, support comes in at the 1,098...
